Profile

Industry Sector Mining
Industry Sub Sector Crude Oil & Natural Gas Production
Established 25 January 1969
Listed 6 February 2008
Listed Company Code ELSA
Listed Shares 7,298,500,000
Dividend Yes
Major Shareholders (>5%) Pertamina (41.10%)
Dana Pensiun Pertamina (14.90%)
Key Subsidiaries Sigma Cipta Utama
Elnusa Fabrikasi Konstruksi
Elnusa Petrofin
Elnusa Patra Ritel
Patra Nusa Data
Elnusa CGG Veritas Seismic
Main Commodities

Stock Quote Elnusa - ELSA:

Business Summary

Elnusa's business activities are mostly concentrated on the islands of Sumatra, Java and Kalimantan.

• Geoscience

Geoscience services cover the acquirement, processing and storing of data obtained by seismic-based methods and equipment employed and operated on land, in transition zones (shallow water/mangroves) and deep sea. Being a pioneer in geoscience services in Indonesia, Elnusa controls the majority of geophysics operations in the local market.

• Drilling

Its drilling services provide integrated drilling solution which includes drilling management, drilling equipment procurement and provision. Elnusa owns and operates Asia Pacific's first fully-automatic Modular Rig. Elnusa also provides land drilling support services such as wire-line logging, cementing and oil & gas well testing, and products evaluation services.

• Oilfield

Oilfield services cover the operation and maintenance of oil & gas fields and wells, EPC-M and O&M pipelines and production facilities, and oil gas production handling. Oil & gas fields maintenance are located in various areas in Indonesia, both on land, in rivers and offshore.

Financial Highlights of Elnusa:

    2014   2015   2016   2017   2018
Operating Revenue
4,221.2 3,775.3 3,620.6
Gross Profit
 759.8  718.8  614.6
Income from
Operations
 442.6  470.2  418.9
EBITDA  683.0  735.8  723.1
Net Income  425.8  375.4  310.9
Total Assets 4,256.9 4,407.5 4,191.0
Total Liabilities
1,707.4 1,772.3 1,313.2
Dividend per
Share¹
  29,5   10,3
Net Income per
Share¹
  58,3   51,4   42,6

 

    2009   2010   2011   2012   2013
Operating Revenue
3,662.2 4,218.0 4,716.8 4,777.1 4,112.0
Gross Profit
 543.0  415.8  285.3  555.1  646.7
Income from
Operations
 276.3  133.9  (22.1)  252.1  293.1
EBITDA  479.6  411.5  306.0  605.1  598.7
Net Income  466.2   63.7  (42.8)  127.9  238.1
Total Assets 4,216.4 3,695.2 4,390.0 4,294.6 4,371.0
Total Liabilities
2,286.7 1,739.9 2,485.1 2,252.3 2,085.9
Dividend per
Share¹
  25,0   2,66     0   1,77  16,31
Net Income per
Share¹
   65    8,8   (5,9)   17,7   32,8

in billion IDR rupiah except stated otherwise
brackets indicate (loss)
¹ in IDR rupiah
Source: Elnusa, Annual Report 2016

Future Projection Corporate Earnings Elnusa:

   2016  2017  2018F
Net Revenue 3,620.6 4,979.0 5,167.0
Net Profit  310.9  247.0  335.0
P/E Ratio (x)   10.1   11.0   10.7
P/BV (x)    1.1    0.9    1.1

in billion of IDR rupiah, unless stated otherwise
Source: OCBC Sekuritas Indonesia (21/02/2018)

Location

Contact Details

Graha Elnusa, 16th Floor
Jalan TB Simatupang Kav. 1B
Jakarta - 12560
Phone: +62 21 7883 0850 
Fax: +62 21 7883 0883
Email: corporate@elnusa.co.id
www.elnusa.co.id